When interest rates rise, indebted households, businesses, and governments lose a great deal of purchasing power. As the inflation monster rises from the dead, governments all over the world are now working to kill it once more before it can gain strength and evolve into a bigger monster — the recession.
As an ordinary investor, what can we even do when the bigshots are having a hard time dealing with this problem?
In this episode, we talk to Christian Pomerleau, Senior Real Estate broker at PMML (Patrice Ménard Multi-Logements). In thes...
When interest rates rise, indebted households, businesses, and governments lose a great deal of purchasing power. As the inflation monster rises from the dead, governments all over the world are now working to kill it once more before it can gain strength and evolve into a bigger monster — the recession.
As an ordinary investor, what can we even do when the bigshots are having a hard time dealing with this problem?
In this episode, we talk to Christian Pomerleau, Senior Real Estate broker at PMML (Patrice Ménard Multi-Logements). In these crazy times, he will show us how to survive as a real estate investor.
Enjoy listening!
What we learned from Christian Pomerleau in this episode:
- The uncontrollable increase in the interest rates… “basket of goods” rising — how to overcome this disaster?
- Is Canada overcommitted to real estate?
- How to prepare for rising interest rates.
- The current situation of the brokers (... a look at the crazy things that banks do for small time projects.)
Success Quotes:
"Be prepared. Prepare everything because we have to act a little faster.” -Christian
Timestamp:
00:00 - Intro
01:11 - Interest rates are rising and a fair amount of uncertainty — Christian reveals the main culprit of the mayhem.
07:36 - What are the implications of Canada's real estate overcommitment?
10:21 - Christian shares his expertise on how to cope with the unstoppable surge in interest rates.
13:53 - In this very difficult time, is there any project that will work?
16:10 - The crazy things that banks do for small time projects.
18:15 - Ways to connect with Christian.
18:42 - Outro
About the Guests:
Christian Pomerleau, Senior Real Estate broker at PMML (Patrice Ménard Multi-Logements).
PMML, founded in 2008, sells and finances only multi-family buildings. The Agency has gained a prominent place in this market segment thanks to effective techniques maximizing the sale and financing of multi-family buildings. The Agency edits and produces relevant content on the Quebec multi-family industry, notably various specialised market reports, as well as content in video and audio form as well as articles highlighting renowned professionals and investors.
Connect with Christian Pomerleau here:
LinkedIn: https://www.linkedin.com/in/christian-pomerleau
Connect with Us:
Facebook Page: https://www.facebook.com/restateinvestorsclub/
Email: reic@clubimmobilier.ca
Axel Monsaingeon’s LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Axel Monsaingeon’s Instagram: https://www.instagram.com/monsaxel/
Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/
Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/
